DailyMarkets.com - State Of Housing Market Today December 2012

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• State Of Housing Market Today December 2012
• Chile Holds Rate Steady, Q3 Economy Better Than Forecast
• Stocks Slip, Besy Buy Surges, & Google’s App Hurts Apple
• Gold & Copper Lose Their Luster As Prices Drop
• FOMC Turning The Presses Back On?
• Libor Scandal: “Biggest Financial Fraud Of All Time”
• Global Data Releases To Wrap Up The Week
• Navidi: “Need Growth…we’re Buying It With Debt”
• Central Bank News Link List – Dec. 13, 2012: EU Close To Deal On Bank Capital Rules, Curbing Bonuses
• Economist On The Street: ‬Central Bank Action – What Does It Mean?
• Oil Slips Post Fed-led Rally
• Wall Street Flat On Central Bank Action
• Dollar Recovers, Higher Against Euro
• Major Central Banks Extend Dollar, Bilateral Swap Lines
• Global Stocks Mixed, US Jobs Data Improves
• Switzerland Maintains Interest, Exchange Rate Targets
• Philippines Holds Rate Steady, Economy Picking Up Speed

State Of Housing Market Today December 2012 Posted: 13 Dec 2012 03:10 PM PST … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Chile Holds Rate Steady, Q3 Economy Better Than Forecast Posted: 13 Dec 2012 03:09 PM PST      The Central Bank of Chile kept its policy rate steady at 5.0 percent, as widely expected, saying domestic output and demand expanded above forecasts in the third quarter but inflation expectations are in line with the bank’s target.     Banco Central de Chile, which has held rates steady since a 25 basis point cut in January, said global financial conditions were better than a month ago, but risks from the euro zone’s fiscal and financial situation are still high … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks Slip, Besy Buy Surges, & Google’s App Hurts Apple Posted: 13 Dec 2012 09:41 AM PST 12/13/12 Stocks turned lower Thursday as ongoing worries over the “fiscal cliff” negotiations spooked investors. Also, Best Buy surges on Best Buy talks and Google Maps app makes Apple … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Gold & Copper Lose Their Luster As Prices Drop Posted: 13 Dec 2012 09:06 AM PST 12/13/12 Thursday saw copper and gold take some major blows as the U.S. fiscal cliff talks continued to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

FOMC Turning The Presses Back On? Posted: 13 Dec 2012 12:18 PM PST Thursday, December 13, 2012 The Crude Oil market has been mired in range-bound trading in recent weeks. Initially, this was due to weak economic data and less than spectacular demand. It seems as though demand may be poised to increase in 2013, but the Oil market is being held hostage by the Fiscal Cliff talks. If the two sides are unable to reach an accord by the deadline, the rosy forecast for petroleum demand could sour quickly. Technically, the chart suggests some traders may be tempted to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Libor Scandal: “Biggest Financial Fraud Of All Time” Posted: 13 Dec 2012 11:00 AM PST With news leaking that Union Bank of Switzerland is poised to pay a $1 billion fine for its involvement in the manipulation of Libor, we once again are led to the conclusion that for those involved in running the major global financial institutions, "CRIME PAYS." It is insulting to those who have even an ounce of decency in their body to think that institutions such as Barclays, UBS, and certainly many more can engage in the "biggest financial fraud of all time" and simply write a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Data Releases To Wrap Up The Week Posted: 13 Dec 2012 11:00 AM PST 12/13/12 Inflation and flash PMI data from around the globe will be released on Friday. CPI and flash PMI readings are amongst the primary data on … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Navidi: “Need Growth…we’re Buying It With Debt” Posted: 13 Dec 2012 10:24 AM PST 12/13/12 BeyondGlobal’s Sandra Navidi with her outlook for the US and EZ economies. The latest global central bank moves are … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Dec. 13, 2012: EU Close To Deal On Bank Capital Rules, Curbing Bonuses Posted: 13 Dec 2012 10:11 AM PST     Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.) EU close to deal on bank capital rules, curbing bonuses (Reuters) King said to have faced revolt on U.K. credit plan talks (Bloomberg) BOJ’s unlimited loan program seen open to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Economist On The Street: ‬Central Bank Action – What Does It Mean? Posted: 13 Dec 2012 05:01 AM PST 12/13/12 Meridian Equity Partners’ Stephen Guilfoyle weighs in on the latest FOMC action and coordinated action by the ECB, BoE, SNB and … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Slips Post Fed-led Rally Posted: 13 Dec 2012 04:46 AM PST 12/13/12 Front month crude prices sold off Thursday morning following a round of profit taking and as reports surfaced that the White house and House of Representatives are far from reaching a budget … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Wall Street Flat On Central Bank Action Posted: 13 Dec 2012 03:10 AM PST 12/13/12 US stocks traded nearly unchanged following the latest Fed action, and after global central banks extended dollar credit lines. US data came in mixed with retail sales improving but … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dollar Recovers, Higher Against Euro Posted: 13 Dec 2012 03:03 AM PST 12/13/12 The dollar has recovered from earlier losses Thursday morning following a series of profit taking after the Fed, as expected, added more stimulus by extending … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Major Central Banks Extend Dollar, Bilateral Swap Lines Posted: 13 Dec 2012 07:43 AM PST     Five of the world’s most powerful central banks – the Federal Reserve, the European Central Bank, the Bank of Canada, the Bank of England and the Swiss National Bank – have extended their temporary U.S. dollar and bilateral currency swap arrangements through February 1, 2014.     The swap arrangements, which were due to expire on February 1, 2013, enable the central banks to immediately provide commercial banks with liquidity, either in U.S. dollars or any of their … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Stocks Mixed, US Jobs Data Improves Posted: 13 Dec 2012 02:42 AM PST 12/13/12 Global equities traded mixed Thursday morning on economic data. Also, The Swiss Nat’l Bank leaves rates at 0 and U.S. jobs data … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Switzerland Maintains Interest, Exchange Rate Targets Posted: 13 Dec 2012 07:13 AM PST     The Swiss central bank maintained its targets for interest and exchange rates, as expected, saying the downside risks to the country’s economy “remain considerable” and fourth quarter growth should be significantly weaker than in the third quarter.     The Swiss National Bank (SNB) kept its target for three-month Libor at 0-0.25 percent and said that “if necessary, it stands ready to take further measures at any time.”     The bank also confirmed its intention … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Philippines Holds Rate Steady, Economy Picking Up Speed Posted: 13 Dec 2012 06:39 AM PST     The Philippine central bank held its key interest rate steady at 5.50 percent, as widely expected, saying the inflationary outlook is manageable and the domestic economy is starting to pick up speed on the back of strong demand and buoyant business sentiment.     Bangko Sentral ng Pilipinas (BSP) said this year’s four rate cuts, for a cumulative reduction in the key overnight borrowing or reverse repurchase facility of 100 basis points, were working their way through the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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